AVI Limited Registration Number: 1944/017201/06 Share Code: AVI ISIN: ZAE000049433 (“AVI” or “the Company”) DEALING IN AVI SHARES BY AN AVI DIRECTOR In compliance with Rules 3.63 – 3.74 of the Listings Requirements of the JSE Limited (“the JSE”), the following information is disclosed: Director : Michael Koursaris Date of transaction : 14 October 2022 Number of options granted : 11 346 Option allocation price : R83.91 Total value of transaction : R952 042.86 Class of securities : Ordinary shares Nature of transaction : Exercise of options granted in terms of the AVI Deferred Bonus Share Plan Extent of interest : Direct beneficial The above transaction was done off-market. Director : Michael Koursaris Date of transaction : 14 October 2022 Number of options granted : 11 346 Price per share : R75.50 Total value of transaction : R856 623.00 Class of securities : Ordinary shares Nature of transaction : Sale of shares in terms of the options exercised above Extent of interest : Direct beneficial The above transaction was done on-market. Clearance to deal in these shares was obtained in accordance with AVI’s policy with regard to director’s dealings as well as the Listings Requirements of the JSE. Illovo Sandton 17 October 2022 Sponsor The Standard Bank of South Africa Limited